Andy Xie

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Last quote by Andy Xie

The government keeps this market going. Last year, they needed to jump-start property so the economy would be in good shape for the party congress. In the short term it works, but only if people believe the government will protect them.feedback
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Oct 20 2017
Andy Xie has been quoted in 6 different articles. Most recently, Andy Xie has been quoted saying, “If you go into villages, there are no young and middle-aged people any more. Where is this next wave of urbanisation supposed to come from?” in an article called Chinese property boom props up Xi’s hopes for the economy. This is only one of 15 quotes from Andy Xie. To see more examples Andy Xie’s views and opinions, check out the section below. You can filter Andy Xie's quotes by date and by topic to see, for example, what Andy Xie said about production recently and in the past.
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Andy Xie quotes

Jul 07 2017 - Japan

Unfortunately, China is focusing on who's going to trigger the crisis; they are not talking about the fundamental conditions for the crisis, rather they focus on the technical aspect, on who's going to trigger the crisis.feedback

Jul 07 2017 - Japan

Any other country would've collapsed, but China had started with that big cushion (of foreign reserves). Still the government had to crack down on capital flight. Without bottling up the country, China would be in a crisis now.feedback

Jan 03 2017

(You cannot just) focus on overcapacity and not focus on the government policy of subsidizing production or the financial system, that is, basically rolling over non-performing loans to make it look like they are still performing.feedback

Jan 03 2017

Even though we have a pick-up in production, the currency continues to come under depreciating pressure. This shows that the policy is not good for the economy in the long run.feedback

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